2 years ago

(a) What is the type of data we are dealing with? What is the frequency of those data?.
(b) Is the coe¢cient related to income or slope (or marginal propensity to consume) signiÖcant in statistical terms?.
(c) Construct a 99%, 95% and 90% conÖdence intervals for the constant and slope. Interpret those conÖdence intervals.